Archive for the ‘Blog’ Category

Highway Safety Fail


Monday September 1st, 2014   •   Posted by Craig Eyermann at 5:16am PDT   •   0 Comments

Do government bureaucrats really care about the safety of the public? We ask that question today because of a disturbing report released by the Department of Transportation’s Inspector General, who found that a number of states have failed to spend millions of dollars of grants they received from the federal government to improve safety...
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Labor Day Recalls Ruling Class Rip-offs


Monday September 1st, 2014   •   Posted by K. Lloyd Billingsley at 1:50am PDT   •   0 Comments

The federal holiday of Labor Day, the first Monday in September, is supposed to be a tribute to American workers. While enjoying a day off, if they get one—government employees do—those workers might use the occasion to recall some other realities, including a longstanding government rip-off. As we noted in July, for 71 years...
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The Doubling of the National Debt


Thursday August 28th, 2014   •   Posted by Craig Eyermann at 6:01am PDT   •   0 Comments

Joseph Lawler of the Washington Examiner reports on the state of the portion of the U.S. government’s debt that is held by the public: The federal debt this year will be double what it was before the financial crisis, Congress’ official budget scorekeeper projected Wednesday morning. The debt is on pace to reach 74...
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Federal Clunker Program Cost Lots of Cash


Wednesday August 27th, 2014   •   Posted by K. Lloyd Billingsley at 7:07am PDT   •   0 Comments

“The 2009 federal Cash for Clunkers program is often hailed as a success because it jump-started new-vehicle sales,” notes Kathleen Pender at sfgate.com, “but a new study says it actually cost car dealers $3 billion in lost revenue because its fuel-efficiency requirement caused people to buy cheaper cars than they would have otherwise.” The new...
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CalPERS Spikes the Cost of Government


Monday August 25th, 2014   •   Posted by K. Lloyd Billingsley at 6:54am PDT   •   0 Comments

“More than a year after Gov. Jerry Brown signed a law he said would tamp down pension spiking,” noted Jon Ortiz in the Sacramento Bee, “the state’s biggest public pension fund is on the verge of adopting rules critics say would undermine its intent.” That pension fund, CalPERS, went on to adopt the new...
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Do Big Infrastructure Projects Boost GDP?


Monday August 25th, 2014   •   Posted by Craig Eyermann at 6:21am PDT   •   0 Comments

Does government spending on big infrastructure projects really increase economic growth in the long run? That’s an important question, because governments will often borrow large sums of money for the sake of building major infrastructure projects as they sell taxpayers on the notion that they’ll be rewarded with higher economic growth over time — particularly...
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Could the U.S. Tax Its Way Out of Debt and Inequality?


Thursday August 21st, 2014   •   Posted by Craig Eyermann at 6:11am PDT   •   1 Comment

What would happen if prominent income-inequality theorists, such as economists Thomas Piketty, Emmanuel Saez and Peter Diamond, could get their way and hike the topmost marginal income tax rate in the United States to 80%? Would the nation enter into an enlightened state of economic nirvana as they claim? Or would things perhaps turn...
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USPS Springs Back with More Losses


Wednesday August 20th, 2014   •   Posted by K. Lloyd Billingsley at 9:31am PDT   •   0 Comments

In January, the United States Postal Service hiked the price of stamps and its package shipping increased, but as Reuters reports, “The U.S. Postal Service continued to bleed money during its second quarter.” From April to June, the USPS lost $2 billion, compared with $1.9 billion in the first quarter and $740 million in...
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Just Say No to Government Sexual Intrusion


Monday August 18th, 2014   •   Posted by K. Lloyd Billingsley at 6:34am PDT   •   0 Comments

If taxpayers have any doubt that government is becoming ever more intrusive, they might check out how California is attempting to redefine consensual sex. This legislative attempt is based on the notion that there is some part of the word “No!” that college students, allegedly the best and brightest, fail to understand. Driving the...
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Powered Wheelchair Medicare Fraud


Monday August 18th, 2014   •   Posted by Craig Eyermann at 6:06am PDT   •   1 Comment

The single most expensive item for which the Medicare welfare program will pay claims is a power wheelchair. In 2008, Medicare “paid” for 158,185 power wheelchairs at a cost of over $490.4 million, or an average cost of $3,100.37 per power wheelchair. By contrast, the second most expensive medical line item that Medicare will...
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